Chairman

Mr Law has been appointed as the Chairman of the Board and an Independent Director of the Managers since 10 June 2014.

He is also a director of IFS Capital Ltd, Great Eastern Holdings Ltd, Asia Capital Reinsurance Company Pte Ltd, Asia Capital Reinsurance Company Sdn Bhd and Concord Insurance Company Limited.

Mr Law began his career with the Ministry of Finance in 1970 and moved on to the Monetary Authority of Singapore where he was appointed the Insurance Commissioner and Actuary in 1980. He was subsequently appointed Deputy Managing Director (Administration and Insurance) in 1988. Mr Law held the position of Managing Director and CEO of Overseas Assurance Corporation Ltd from 1992 to 2003.

Previously a member of the Central Provident Fund Board and a Director of the Inland Revenue Authority of Singapore, the Singapore Deposit Insurance Corporation and Manulife (Singapore) Pte Ltd, Mr Law was also Chairman of the Singapore Insurance Institute, and President of the Singapore Actuarial Society, the Life Insurance Association and the General Insurance Association.

Mr Law received his Bachelor of Science in Mathematics (First Class Honours) from the University of Singapore and Master of Science in Actuarial Science from the Northeastern University, Boston, USA. He qualified as a Fellow of the Society of Actuaries, USA, in 1978 and attended the Advanced Management Programme at Harvard University in 1989. Mr Law was awarded the Public Service Star (BBM) in 2001.

Independent Director

Mr Chua has served as an Independent Director of the Managers since 10 June 2014.

He was formerly Executive Director for finance, risk management, IT and corporate services at Wilmar International Limited, a leading agribusiness listed on the Singapore Exchange. He retired in December 2011 after serving nine years during which the group expanded its global business rapidly and had a successful public listing in 2006.

Mr Chua currently sits on the board of Temasek Life Sciences Laboratory Limited, Perennial Real Estate Holdings Limited, Lu International (Singapore) Financial Asset Exchange Pte Ltd and Yihai Kerry Arawana Oils, Grains & Food Co., Ltd. Previously, he was a board member of Wilmar International Limited, Eltech Electronics Limited, Armada Holdings Limited which is listed on the Stock Exchange of Hong Kong and Industrial Bank Co., Ltd., a Chinese commercial bank listed on the Shanghai Stock Exchange.

Mr Chua was formerly the Chief Financial Officer and Chief Risk Officer of Keppel TatLee Bank, which was merged into OCBC Bank in 2002. He joined Tat Lee Bank as Executive Vice President in 1990 and was actively involved in its merger with Keppel Bank in 1998. He left the bank in 2002 and served for a few months as chief executive officer of a property fund, China Homes Limited.

Mr Chua started his working career with the Insurance Commissioner’s Department at the Monetary Authority of Singapore in 1981. He then moved to head its Personnel Department in 1983 and the Securities Industry Department from 1987 to 1990.

Mr Chua received a Bachelor of Science (First Class Honours) degree in Mathematics from Nanyang University, Singapore and a Master of Science (Actuarial Science) degree from the Northeastern University, Boston, USA under an Asia Foundation scholarship.

Independent Director

Mr Liew has been appointed as an Independent Director of the Managers since 10 June 2014.

He was with Ernst & Young from 1979 to 2013. He was an accountant from November 1979 to June 1990 and was made a partner of the firm in July 1990. He was the Audit Partner in charge of some of the significant clients of Ernst & Young in the real estate, banking, media, hospitality and retail industries until his retirement from the firm in March 2013. He headed Ernst & Young Singapore’s Real Estate Industry Group and represented the firm in the E&Y Global Real Estate Group.

Mr Liew currently sits on the board of Halcyon Agri Corporation Ltd, F J Benjamin Holdings Ltd and The Hour Glass Limited. He was previously Chairman of Internal Audit Committee of Kuok (Singapore) Ltd.

He is a fellow of The Association of Chartered Certified Accountants. He is also a Chartered Accountant of Singapore.

Independent Director

Dr Wong has served as an Independent Director of the Managers since 10 June 2014.

Dr Wong has spent over 30 years in the banking sector and has extensive knowledge and experience in treasury and financial products. He was Deputy Chief Executive of Bank of China (Hong Kong) Group from 2008 to 2013, with overall responsibility for the financial market businesses which include Global Markets, Global Transaction Banking, Investment Management, Insurance, Asset Management and other capital market-related businesses. He was also a Director of BOC Group Life Assurance Company Limited from 2008 to 2013. Prior to joining the Group, Dr Wong was Corporate Executive Vice President and Country Executive of ABN AMRO Bank (“ABN”) and was responsible for ABN’s operations in South East Asia. He joined ABN in 1995 and held various senior positions within ABN, including Regional Head of Financial Markets, Country Executive in Singapore, and Managing Director of the Hong Kong Branch.

Previously, Dr Wong served as a board member of the Energy Market Authority and the Civil Service College in Singapore. He was also a Customer Advisory Board Member of Thomson Reuters.

Dr Wong currently sits on the board of China Merchants Bank Co., Ltd and Tahoe Life Assurance Company Limited (formerly known as Dah Sing Life Assurance Company Limited). He also serves as Chairman of Halftime Hong Kong Limited, a member of Finance Management Committee of the Hong Kong Management Association, and an independent, non-executive director of EC World Asset Management Pte Ltd.

Dr Wong graduated from the University of Singapore with a Bachelor’s Degree in Business Administration and was awarded a Master’s Degree in Science in Investment Management by the Hong Kong University of Science and Technology. He was also awarded the Financial Industry Certified Professional by the Institute of Banking and Finance, Singapore.

Non-Executive Director

Mr Panote has been appointed as a Non-Executive Director of the Managers since 10 June 2014.

He is Group Chief Executive Officer of Frasers Property Limited. He serves on the boards of various listed companies in Singapore and Thailand, including Golden Land Property Development Public Company Limited, Frasers Property (Thailand) Public Company Limited (formerly known as Ticon Industrial Connection Public Company Limited), Thai Beverage Public Company Limited and Univentures Public Company Limited, as well as private companies such as InterBev (Singapore) Limited, International Beverage Holdings (China) Limited, International Beverage Holdings Limited, International Beverage Holdings (UK) Limited, Beer Thip Brewery (1991) Co., Ltd, Sura Bangyikhan Group of Companies, Blairmhor Limited and Blairmhor Distillers Limited.

Mr Panote is also a member of the Singapore Management University's Board of Trustees and the REDAS' (Real Estate Developers' Association of Singapore) Management Committee.

Mr Panote obtained a Bachelor of Science in Manufacturing Engineering from Boston University (USA) in 2000, a Master of Science in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) in 2005, and a Certificate in Industrial Engineering and Economics from Massachusetts University (USA) in 1997.

Non-Executive Director

Mr Koh has been appointed as a Non-Executive Director of the Managers on 21 May 2019.

He is Chief Executive Officer of Frasers Hospitality Pte. Ltd., a strategic business unit of Frasers Property Limited (the “Group”). He oversees the Group’s hospitality business, from investment and business development, to global expansion of its chain of gold-standard serviced residences and hotels worldwide.

Mr Koh also sits on the Board of ALPS Pte. Ltd. (formerly known as Agency for Healthcare Supply Chain Pte. Ltd.) and Blingsq Pte. Ltd.

Mr Koh was previously CEO of MCL Land Limited. He also held other senior management positions including Chief Financial Officer at MCL Land Limited and Finance Director at Cycle & Carriage Industries Pte. Ltd..

Mr Koh graduated with a Master of Business Administration degree and a Bachelor of Engineering (Civil) degree (2nd Class Upper Division) from the National University of Singapore.

Chief Executive Officer

Mr Low is Chief Executive Officer of the Managers. He is responsible for FHT’s overall business, investment and operational strategies.

Mr Low has 18 years of experience in investment and corporate business development, covering the hospitality, retail and other real estate asset classes. Prior to his current appointment, he was with CBRE, a global commercial real estate services company, as Head of Hotel Investment Properties for EMEA (Europe, the Middle East and Africa). Based at CBRE’s London office, he was in charge of its hotel transactional business across the EMEA region.

Before that, Mr Low was Senior Vice President, Head of Investment at FHT, responsible for identifying and evaluating potential acquisitions of hotels and serviced residences, and for related investments and divestments. He was also Director of Business Development at Frasers Hospitality Pte. Ltd., overseeing its business development and investments across the Asia-Pacific region.

Previously, Mr Low has held other management positions relating to investments and business development at CapitaLand Mall Asia Limited, AIG Global Real Estate Investments and The Ascott Group Limited. He started his career with the corporate banking division of United Overseas Bank Limited, specialising in real estate lending.

Mr Low holds a Bachelor of Social Science (Honours) degree in Economics from the National University of Singapore.

Chief Financial Officer

Mr Gan is responsible for FHT’s financial and capital management. He has over 20 years of experience in financial reporting, corporate finance, treasury management, audit, taxation and company secretarial matters.

Prior to joining FHT, Mr Gan was Chief Financial Officer of OUE Hospitality REIT Management Pte. Ltd., the REIT Manager of OUE Hospitality Real Estate Investment Trust from August 2014 to September 2018. Before that, he was Chief Financial Officer of Meritus Hotels & Resorts (Hospitality Division) of OUE Limited.

Mr Gan commenced his professional career with international accounting firms and later moved on to public listed companies in real estate, manufacturing and food businesses. He has held key positions such as Senior Vice President, Company Secretary and Chief Financial Officer in public listed companies, and has extensive experience in the field of financial management.

Mr Gan is a Fellow of The Association of Chartered Certified Accountants (UK) and a member of the Institute of Singapore Chartered Accountants.

Head of Investment

Mr Leong is Head of Investment, responsible for optimising FHT’s portfolio through asset acquisitions and portfolio rebalancing. He was previously the Deputy Head of Investment. Prior to the formation of FHT, he was Deputy Director of Business Development at Frasers Hospitality Pte. Ltd., heading its business development and investments across the Southeast Asia and Australia regions.

Mr Leong has extensive overseas working experience. He was stationed in New York, USA with the Overseas Singaporean Unit at the National Population and Talent Division, Prime Minister’s Office. Before that, he worked for The Ascott Group Limited in business development and investment. He started his career with International Enterprise Singapore and had a 3-year stint as its Center Director in Manila, Philippines.

Mr Leong holds a Bachelor of Social Science (Honours) degree in Economics from the National University of Singapore.

Head of Asset Management

Ms Ang is Head of Asset Management, responsible for the asset management of FHT’s portfolio. Her role includes optimising and executing asset management strategies to improve the income for the portfolio through working with the various hotels and service residence operators. She is also responsible for identifying and implementing asset enhancement initiatives that are yield accretive.

Prior to her current appointment, Ms Ang was Senior Manager of Business Development at Frasers Hospitality Pte. Ltd., responsible for its business development and investments across the Asia-Pacific region. Previously at Mapletree Logistics Trust Management Ltd., the manager of Mapletree Logistics Trust, she was the asset manager for a portfolio of logistics properties in Singapore and Malaysia. She started her career at City Developments Limited, focusing on property management of commercial assets.

Ms Ang holds a Bachelor of Science (Honours) degree in Building from the National University of Singapore.

Head of Investor Relations

Ms Leng is Head of Investor Relations of the REIT Manager. She is the key point of contact for the investment community and the media.

Ms Leng is responsible for developing and presenting a consistently applied investment message to the investment community on behalf of FHT. She also monitors, analyses and presents to management and the Board the opinions of the investment community on FHT’s performance and corporate actions.

Prior to her current appointment, Ms Leng was with SATS Ltd. as its Vice President, Corporate Relations. She was overseeing both its investor and media relations functions. Before that, she has also assumed various investor relations positions in other public listed companies including The Ascott Group Limited (before it was delisted), Singapore Technologies Engineering Ltd, SembCorp Industries Ltd and Singapore Technologies Industrial Corporation Ltd.

Ms Leng holds a Bachelor of Business Administration degree from the National University of Singapore.

Chairman

Mr Law has been appointed as the Chairman of the Board and an Independent Director of the Managers since 10 June 2014.

He is also a director of IFS Capital Ltd, Great Eastern Holdings Ltd, Asia Capital Reinsurance Company Pte Ltd, Asia Capital Reinsurance Company Sdn Bhd and Concord Insurance Company Limited.

Mr Law began his career with the Ministry of Finance in 1970 and moved on to the Monetary Authority of Singapore where he was appointed the Insurance Commissioner and Actuary in 1980. He was subsequently appointed Deputy Managing Director (Administration and Insurance) in 1988. Mr Law held the position of Managing Director and CEO of Overseas Assurance Corporation Ltd from 1992 to 2003.

Previously a member of the Central Provident Fund Board and a Director of the Inland Revenue Authority of Singapore, the Singapore Deposit Insurance Corporation and Manulife (Singapore) Pte Ltd, Mr Law was also Chairman of the Singapore Insurance Institute, and President of the Singapore Actuarial Society, the Life Insurance Association and the General Insurance Association.

Mr Law received his Bachelor of Science in Mathematics (First Class Honours) from the University of Singapore and Master of Science in Actuarial Science from the Northeastern University, Boston, USA. He qualified as a Fellow of the Society of Actuaries, USA, in 1978 and attended the Advanced Management Programme at Harvard University in 1989. Mr Law was awarded the Public Service Star (BBM) in 2001.

Independent Director

Mr Chua has served as an Independent Director of the Managers since 10 June 2014.

He was formerly Executive Director for finance, risk management, IT and corporate services at Wilmar International Limited, a leading agribusiness listed on the Singapore Exchange. He retired in December 2011 after serving nine years during which the group expanded its global business rapidly and had a successful public listing in 2006.

Mr Chua currently sits on the board of Temasek Life Sciences Laboratory Limited, Perennial Real Estate Holdings Limited, Lu International (Singapore) Financial Asset Exchange Pte Ltd and Yihai Kerry Arawana Oils, Grains & Food Co., Ltd. Previously, he was a board member of Wilmar International Limited, Eltech Electronics Limited, Armada Holdings Limited which is listed on the Stock Exchange of Hong Kong and Industrial Bank Co., Ltd., a Chinese commercial bank listed on the Shanghai Stock Exchange.

Mr Chua was formerly the Chief Financial Officer and Chief Risk Officer of Keppel TatLee Bank, which was merged into OCBC Bank in 2002. He joined Tat Lee Bank as Executive Vice President in 1990 and was actively involved in its merger with Keppel Bank in 1998. He left the bank in 2002 and served for a few months as chief executive officer of a property fund, China Homes Limited.

Mr Chua started his working career with the Insurance Commissioner’s Department at the Monetary Authority of Singapore in 1981. He then moved to head its Personnel Department in 1983 and the Securities Industry Department from 1987 to 1990.

Mr Chua received a Bachelor of Science (First Class Honours) degree in Mathematics from Nanyang University, Singapore and a Master of Science (Actuarial Science) degree from the Northeastern University, Boston, USA under an Asia Foundation scholarship.

Independent Director

Mr Liew has been appointed as an Independent Director of the Managers since 10 June 2014.

He was with Ernst & Young from 1979 to 2013. He was an accountant from November 1979 to June 1990 and was made a partner of the firm in July 1990. He was the Audit Partner in charge of some of the significant clients of Ernst & Young in the real estate, banking, media, hospitality and retail industries until his retirement from the firm in March 2013. He headed Ernst & Young Singapore’s Real Estate Industry Group and represented the firm in the E&Y Global Real Estate Group.

Mr Liew currently sits on the board of Halcyon Agri Corporation Ltd, F J Benjamin Holdings Ltd and The Hour Glass Limited. He was previously Chairman of Internal Audit Committee of Kuok (Singapore) Ltd.

He is a fellow of The Association of Chartered Certified Accountants. He is also a Chartered Accountant of Singapore.

Independent Director

Dr Wong has served as an Independent Director of the Managers since 10 June 2014.

Dr Wong has spent over 30 years in the banking sector and has extensive knowledge and experience in treasury and financial products. He was Deputy Chief Executive of Bank of China (Hong Kong) Group from 2008 to 2013, with overall responsibility for the financial market businesses which include Global Markets, Global Transaction Banking, Investment Management, Insurance, Asset Management and other capital market-related businesses. He was also a Director of BOC Group Life Assurance Company Limited from 2008 to 2013. Prior to joining the Group, Dr Wong was Corporate Executive Vice President and Country Executive of ABN AMRO Bank (“ABN”) and was responsible for ABN’s operations in South East Asia. He joined ABN in 1995 and held various senior positions within ABN, including Regional Head of Financial Markets, Country Executive in Singapore, and Managing Director of the Hong Kong Branch.

Previously, Dr Wong served as a board member of the Energy Market Authority and the Civil Service College in Singapore. He was also a Customer Advisory Board Member of Thomson Reuters.

Dr Wong currently sits on the board of China Merchants Bank Co., Ltd and Tahoe Life Assurance Company Limited (formerly known as Dah Sing Life Assurance Company Limited). He also serves as Chairman of Halftime Hong Kong Limited, a member of Finance Management Committee of the Hong Kong Management Association, and an independent, non-executive director of EC World Asset Management Pte Ltd.

Dr Wong graduated from the University of Singapore with a Bachelor’s Degree in Business Administration and was awarded a Master’s Degree in Science in Investment Management by the Hong Kong University of Science and Technology. He was also awarded the Financial Industry Certified Professional by the Institute of Banking and Finance, Singapore.

Non-Executive Director

Mr Panote has been appointed as a Non-Executive Director of the Managers since 10 June 2014.

He is Group Chief Executive Officer of Frasers Property Limited. He serves on the boards of various listed companies in Singapore and Thailand, including Golden Land Property Development Public Company Limited, Frasers Property (Thailand) Public Company Limited (formerly known as Ticon Industrial Connection Public Company Limited), Thai Beverage Public Company Limited and Univentures Public Company Limited, as well as private companies such as InterBev (Singapore) Limited, International Beverage Holdings (China) Limited, International Beverage Holdings Limited, International Beverage Holdings (UK) Limited, Beer Thip Brewery (1991) Co., Ltd, Sura Bangyikhan Group of Companies, Blairmhor Limited and Blairmhor Distillers Limited.

Mr Panote is also a member of the Singapore Management University's Board of Trustees and the REDAS' (Real Estate Developers' Association of Singapore) Management Committee.

Mr Panote obtained a Bachelor of Science in Manufacturing Engineering from Boston University (USA) in 2000, a Master of Science in Analysis, Design and Management of Information Systems from the London School of Economics and Political Science (UK) in 2005, and a Certificate in Industrial Engineering and Economics from Massachusetts University (USA) in 1997.

Non-Executive Director

Mr Koh has been appointed as a Non-Executive Director of the Managers on 21 May 2019.

He is Chief Executive Officer of Frasers Hospitality Pte. Ltd., a strategic business unit of Frasers Property Limited (the “Group”). He oversees the Group’s hospitality business, from investment and business development, to global expansion of its chain of gold-standard serviced residences and hotels worldwide.

Mr Koh also sits on the Board of ALPS Pte. Ltd. (formerly known as Agency for Healthcare Supply Chain Pte. Ltd.) and Blingsq Pte. Ltd.

Mr Koh was previously CEO of MCL Land Limited. He also held other senior management positions including Chief Financial Officer at MCL Land Limited and Finance Director at Cycle & Carriage Industries Pte. Ltd..

Mr Koh graduated with a Master of Business Administration degree and a Bachelor of Engineering (Civil) degree (2nd Class Upper Division) from the National University of Singapore.

Chief Executive Officer

Mr Low is Chief Executive Officer of the Managers. He is responsible for FHT’s overall business, investment and operational strategies.

Mr Low has 18 years of experience in investment and corporate business development, covering the hospitality, retail and other real estate asset classes. Prior to his current appointment, he was with CBRE, a global commercial real estate services company, as Head of Hotel Investment Properties for EMEA (Europe, the Middle East and Africa). Based at CBRE’s London office, he was in charge of its hotel transactional business across the EMEA region.

Before that, Mr Low was Senior Vice President, Head of Investment at FHT, responsible for identifying and evaluating potential acquisitions of hotels and serviced residences, and for related investments and divestments. He was also Director of Business Development at Frasers Hospitality Pte. Ltd., overseeing its business development and investments across the Asia-Pacific region.

Previously, Mr Low has held other management positions relating to investments and business development at CapitaLand Mall Asia Limited, AIG Global Real Estate Investments and The Ascott Group Limited. He started his career with the corporate banking division of United Overseas Bank Limited, specialising in real estate lending.

Mr Low holds a Bachelor of Social Science (Honours) degree in Economics from the National University of Singapore.

Chief Financial Officer

Mr Gan is responsible for FHT’s financial and capital management. He has over 20 years of experience in financial reporting, corporate finance, treasury management, audit, taxation and company secretarial matters.

Prior to joining FHT, Mr Gan was Chief Financial Officer of OUE Hospitality REIT Management Pte. Ltd., the REIT Manager of OUE Hospitality Real Estate Investment Trust from August 2014 to September 2018. Before that, he was Chief Financial Officer of Meritus Hotels & Resorts (Hospitality Division) of OUE Limited.

Mr Gan commenced his professional career with international accounting firms and later moved on to public listed companies in real estate, manufacturing and food businesses. He has held key positions such as Senior Vice President, Company Secretary and Chief Financial Officer in public listed companies, and has extensive experience in the field of financial management.

Mr Gan is a Fellow of The Association of Chartered Certified Accountants (UK) and a member of the Institute of Singapore Chartered Accountants.